Bondbloxx Bloomberg One Etf Market Value
| XONE Etf | USD 49.62 0.01 0.02% |
| Symbol | Bondbloxx |
The market value of Bondbloxx Bloomberg One is measured differently than its book value, which is the value of Bondbloxx that is recorded on the company's balance sheet. Investors also form their own opinion of Bondbloxx Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is Bondbloxx Bloomberg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bondbloxx Bloomberg's market value can be influenced by many factors that don't directly affect Bondbloxx Bloomberg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bondbloxx Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bondbloxx Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bondbloxx Bloomberg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Bondbloxx Bloomberg 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bondbloxx Bloomberg's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bondbloxx Bloomberg.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Bondbloxx Bloomberg on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Bondbloxx Bloomberg One or generate 0.0% return on investment in Bondbloxx Bloomberg over 90 days. Bondbloxx Bloomberg is related to or competes with Stratasys, 3D Systems, Proto Labs, and Organovo Holdings. Under normal circumstances, the fund will invest at least 80 percent of its net assets in a portfolio of U.S More
Bondbloxx Bloomberg Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bondbloxx Bloomberg's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bondbloxx Bloomberg One upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0282 | |||
| Information Ratio | 3.53 | |||
| Maximum Drawdown | 0.1216 | |||
| Value At Risk | (0.04) | |||
| Potential Upside | 0.0807 |
Bondbloxx Bloomberg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bondbloxx Bloomberg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bondbloxx Bloomberg's standard deviation. In reality, there are many statistical measures that can use Bondbloxx Bloomberg historical prices to predict the future Bondbloxx Bloomberg's volatility.| Risk Adjusted Performance | 0.216 | |||
| Jensen Alpha | 0.0076 | |||
| Total Risk Alpha | 0.012 | |||
| Sortino Ratio | 4.15 | |||
| Treynor Ratio | (3.91) |
Bondbloxx Bloomberg One Backtested Returns
At this point, Bondbloxx Bloomberg is very steady. Bondbloxx Bloomberg One secures Sharpe Ratio (or Efficiency) of 0.56, which signifies that the etf had a 0.56 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bondbloxx Bloomberg One, which you can use to evaluate the volatility of the entity. Please confirm Bondbloxx Bloomberg's Coefficient Of Variation of 185.52, risk adjusted performance of 0.216, and Mean Deviation of 0.0257 to double-check if the risk estimate we provide is consistent with the expected return of 0.0189%. The etf shows a Beta (market volatility) of -0.002, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bondbloxx Bloomberg are expected to decrease at a much lower rate. During the bear market, Bondbloxx Bloomberg is likely to outperform the market.
Auto-correlation | 0.94 |
Excellent predictability
Bondbloxx Bloomberg One has excellent predictability. Overlapping area represents the amount of predictability between Bondbloxx Bloomberg time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bondbloxx Bloomberg One price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Bondbloxx Bloomberg price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Bondbloxx Bloomberg One lagged returns against current returns
Autocorrelation, which is Bondbloxx Bloomberg etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bondbloxx Bloomberg's etf expected returns. We can calculate the autocorrelation of Bondbloxx Bloomberg returns to help us make a trade decision. For example, suppose you find that Bondbloxx Bloomberg has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bondbloxx Bloomberg regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bondbloxx Bloomberg etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bondbloxx Bloomberg etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bondbloxx Bloomberg etf over time.
Current vs Lagged Prices |
| Timeline |
Bondbloxx Bloomberg Lagged Returns
When evaluating Bondbloxx Bloomberg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bondbloxx Bloomberg etf have on its future price. Bondbloxx Bloomberg autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bondbloxx Bloomberg autocorrelation shows the relationship between Bondbloxx Bloomberg etf current value and its past values and can show if there is a momentum factor associated with investing in Bondbloxx Bloomberg One.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Bondbloxx Bloomberg One is a strong investment it is important to analyze Bondbloxx Bloomberg's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bondbloxx Bloomberg's future performance. For an informed investment choice regarding Bondbloxx Etf, refer to the following important reports:Check out Bondbloxx Bloomberg Correlation, Bondbloxx Bloomberg Volatility and Bondbloxx Bloomberg Alpha and Beta module to complement your research on Bondbloxx Bloomberg. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Bondbloxx Bloomberg technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.